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Jain Set To Be Named Deutsche Bank Co-chief
Anshu Jain is now virtually certain to be named co-chief executive of Deutsche Bank, following a meeting of senior directors ......
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News Roundup: Providence PE Eyes Exit From Idea
Providence PE Eyes Exit From Idea - US-based private equity (PE) player Providence Equity Partners is considering an exit from ......
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SBI Plans To Raise $5B In Overseas Debt
State Bank of India, the country's largest lender, plans to raise $5 billion via overseas debt in the current fiscal ......
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Customers Bancorp, PE Investors Scrap $64.4M Investment In Dhanlaxmi
Dhanlaxmi Bank has said that>US-based Customers Bancorp Inc. and three private equity firms are withdrawing from the preferential allotment, which ......
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News Roundup: Athena Capital Invests Rs 300Cr In SPS Ispat
Athena Capital Invests Rs 300Cr In SPS Ispat - London-based private equity firm Athena Capital Partners, LLP has invested Rs ......
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SKS Microfinance Says Proposed Bill Positive for Industry; Surges 20%
The Indian government plans to bring the Reserve Bank of India as a regulator to the microfinance industry to ensure ......
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Microfinance Law Would Make RBI Regulator; SKS Shares Rise
India proposes to bring microlenders under the Reserve Bank’s regulation, tightening oversight of an industry hit hard last year by ......
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IFC May Invest $2M In ATM Manufacturer Vortex Engineering
International Finance Corporation is planning to invest up to $2 million in Chennai-based Vortex Engineering Pvt Ltd for a minority ......
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RBI Limits Banks' Equity Investments In Cos
The Reserve Bank of India on Wednesday set prudential limits for banks' equity investments in other companies and subsidiaries in ......
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Losing Streak: Hedge Funds Shed 1.59% In June
Hedge funds suffered their second-straight losing month in June, as stocks also followed their down May with a red June.The ......